Tikehau Capital goals for round 5 bln euros of belongings devoted to tackling local weather change

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PARIS, Oct 4 (Reuters) – French funding firm Tikehau Capital (TKOO.PA) mentioned on Monday it hoped to handle at the least 5 billion euros ($5.8 billion) price of belongings by 2025 that might be devoted solely to preventing local weather change.

Tikehau added in an announcement that the plans would enable it to put money into corporations and tasks geared toward decarbonising the worldwide financial system, as corporations all over the world step up their presence in inexperienced power tasks.

($1 = 0.8621 euros)

Reporting by Sudip Kar-Gupta; Editing by Kirsten Donovan

Dead fish is seen at dried-up creek bed in a drought-affected area near Chivilcoy, Argentina February 28, 2018. REUTERS/Martin Acosta